Qatar Islamic Insurance Group (QIIG), has entered into a Digital Transformation partnership with global technology company SAP to enhance customer services.
As one of the fastest growing insurance companies in Qatar, QIIG is a dominant player in the country’s insurance market, offering the most comprehensive range of insurance products and services in conformity with Islamic Sharia standards and principles.
Supporting Qatar’s insurance innovation, QIIG and SAP channel partner Mannai Corporation will provide an integrated cloud platform application of SAP Customer Experience solutions and the SAP S/4 HANA real-time business suite. Using these solutions, QIIG said it will gain a single source for all information, streamline departments and help to meet compliance on its stock listing on the Qatar Stock Exchange.
The formal contract for a period of three years was signed by Ali Ibrahim Al Abdulghani, President and CEO, QIIG Group and Khalid Mannai, Vice Chairman, Executive Committee of Mannai Corporation.
Al Abdulghani said: “As Qatar’s Islamic insurance market continues to expand, Qatar Islamic Insurance took the initiative to transform our IT infrastructure to meet our customers’ insurance needs in real-time. Thanks to our Digital Transformation with SAP, we have full customer history, mobile-enabled analytics and can also simplify our risk management and meet compliance.”
QIIG is the first banking, financial services and insurance (BFSI) provider in Qatar running on SAP’s end-to-end solutions while leveraging global best practices.